Will the Bitcoin predictions by Peter Schiff ?

Another prediction by peter Schiff hit the market amid the recent sudden fall of bitcoin which caused a major ruckus. After the prediction of bitcoin reaching 6k to 2k now, he is so sure that sooner or later Bitcoin will fall below 1K and he is quite confident about that, though the famous bitcoin hater felt the heat of bitcoin community, majority people even moke him for his stupid remarks on bitcoin!

Recently he tweeted-

‘’Not only has Bitcoin broken out of its bear flag pattern, projecting a move to 6K, but the head and shoulders pattern that I mention was forming over the weekend has now been confirmed as well. If this pattern completes it projects a much larger decline, perhaps as low as 1K.’’

Source: TheCoinRepublic
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